2501 Locust Street - Freestanding FOR SALE
Sterling, IL 61081 |
$1,734,000 USD
720-604-2220
2501 Locust Street
Sterling, IL 61081
HIGHLIGHTS
- Densely populated area with over 29,000 people living within five miles
- Immediate proximity to the corporate headquarters of Wahl Clipper Corporation (1,200 +/- employees)
- Long-term lease with 15 years remaining
- Rental increases in primary term and renewal options
- Absolute triple net lease with zero landlord responsibilities
- Brand-new construction store opening in Fall 2025
FOR SALE DETAILS
PRICE
$1,734,000 USD
PRICE/SF
$164 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.38 AC
LAND SF
60,113 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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720-604-2220
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720-604-2220
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